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Trian Plans No Wendy's Bid, Sources Say
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— 5d
Nelson Peltz's Trian Fund Management is not currently planning a take-private bid for Wendy's, despite earlier reports of a potential consortium, citing concerns about the company's performance, valuation, and strategic direction while keeping options open for the future. The development comes after a period of stock volatility sparked by takeover rumors, with Wendy's CEO Bob Wright implementing a turnaround plan as the shares rebound from a nine-month high.
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Elon Musk Reportedly Engaged In Campaign To Influence Elites Against Biden
Reporting
— May 29, 2024
Billionaires Elon Musk and Nelson Peltz are reportedly involved in an ongoing campaign in powerful networks to persuade influential business executives nationwide not to back President Joe Biden’s reelection effort, The…
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